Editorial Commentary

The Secret of U.S. Energy Success

Liberty and property rights extract oil and gas for Americans.

It's not always true that the government must subsidize something to get more of it for the people. That is the default setting among politicians, as we can see from our national surpluses of grain, milk, unemployment, nonprofit companies, disabilities, and mortgage debt.

There is another way. Consider the sudden expansion of natural gas and oil produced by hydraulic fracturing and horizontal drilling.